A Bank's Total Reserves Consist of

question 3

Multiple Choice

A bank's total reserves consist of

• A)liquid assets such as private commercial paper and Treasury bills.
• B)vault cash and Treasury bills.
• C)vault cash only.
• D)all assets.
• E)vault cash and reserve deposits held at a regional Federal Reserve Bank.

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Definitions:

Enediol Rearrangement

A chemical rearrangement involving the migration of double bonds along with hydrogen atoms, often seen in carbohydrate chemistry.

Epimerization

A chemical process that results in the conversion of one epimer to another, typically involving the inversion of stereochemistry at a single chiral center.

D-Glyceraldehyde

An important intermediate in cellular metabolism, this simple sugar molecule is one of the smallest and simplest forms of aldose.

NaBH4

Sodium borohydride is frequently employed as a reducing agent in the synthesis of organic compounds, tasked with converting aldehydes and ketones into alcohols.